Restronics Southwest
We take a consultative approach to representation of our Manufacturer Partners. We are here to help you find the solutions you're looking for regarding PCB and Medical Device Manufacturing.
Thank you for coming to the Restronics Southwest website. The site is a valuable tool for all: Our Manufacturer Partners, our Distribution Partners, and of course, our Customer Partners.
The website is made to educate, inform, and allow users to get ideas and leave ideas. It is vial to me that our site’s of value to you. So, if you have any suggestions, things you want to explore, or, just want to leave us a message, I encourage you to do so.
Thank you,
-- Conner
Connor Armstrong
Managing Partner, Restronics Southwest
Our Lubbock Team represents the leading product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to determine and represent the best solution for your electronic and medical equipment manufacturing equipment and supplies. Contact us to talk and discuss your needs.
Electronic Manufacturing Industry Statistics and Growth Projections
These trends demonstrate that there are a myriad of factors changing the industry. There are a sampling of key data that have been featured because of this. A sampling ofhe most notable include:- Hourly downtime affects most businesses. 98% say it may cost them at least $100,000 per hour.
- Predictive maintenance can reduce expenses by 20%.
- Predictive maintenance can prevent unplanned outages by up to 50%.
- Many large companies, 72%, require 99.99% minimum uptime.
- The industry is expected to grow by roughly 8% by 2025.
- 50% of IoT spending is expected to focus on transportation, logistics, and discrete costs.
- 40% of IoT customers prefer dealing with a pre-established company.
- 63% of companies believe IoT device investment will increase profitability.
- 3/4 of companies will have digitized their supply changes by 2021.
- Close to one third of companies have already implemented IoT into their devices.